A Bitcoin first for Vancouver

The world’s first Bitcoin ATM goes live on Tuesday – and it will be installed inside a downtown Vancouver coffee shop. Mitchell Demeter, co-founder of the Vancouver-based store Bitcoiniacs, is the man behind the automated teller machine’s arrival. Bitcoin was in the headlines for all the wrong reasons earlier this month, when U.S. authorities shut down the online marketplace Silk Road and alleged its users were buying and selling drugs using the digital currency. More Related to this Story Globe editorial The state bites back against the Bitcoin Drugs, Bitcoins and a Canadian blackmailer: How the FBI tracked down the Silk Road suspect FBI shuts alleged online drug marketplace, Silk Road Bitcoin, which is not managed by any one company or government, is a relatively new phenomenon that exists through an open-source software program. Users can buy Bitcoin through exchanges t...